Breakthroughs and everyday innovations from the year.
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The biggest hits of the year — Top 10 Pop & Country chart toppers
HEADLINES ON December 19, 1978
Full News Archive
- Headline: OPEC's Impact on U.S. Economy in 1979. Impact: The OPEC rise and its impact on the U.S. economy created a panic that led to the invention of the 'Panic Purchase'—a shopping spree where Americans hoarded gas cans, leading to a decade-long shortage of stylish picnic baskets.. Fact: Economists always have great predictions, just like your uncle at Thanksgiving who knows exactly how to fix the economy with one good investment tip..
- Headline: Ohio Board Denies Kent State Compensation. Impact: The rejection of the Kent State award illuminated the fraught relationship between state and victim, leading to decades of heated debates, and eventually inspiring a reality TV show about bureaucratic dysfunction—because why not?. Fact: It's always good to remember that when it comes to awards, sometimes it's better not to win; you just get more awkward speeches..
- Headline: About New York. Impact: The scene in the Queens abortion clinic sparked a wave of activism that, in a parallel universe, resulted in the establishment of a 'Queens Clinic' themed amusement park, complete with roller coasters that simulate the ups and downs of healthcare policies.. Fact: Speaking of clinics, did you know that the most popular ride at the 'Queens Clinic' theme park was the 'Health Care Roller Coaster'? It had thrilling highs and terrifying lows!.
- Headline: Action by L.I. Board Adds $37a Year to Levy Paid by Most Homeowners. Impact: The L.I. Board's budget increase transformed suburban life, leading to the legendary 'Great $37 Bake Sale of 1979' where homeowners tried to fundraise to cover their new taxes, inadvertently creating a thriving community of amateur bakers.. Fact: That $37 increase? It's basically the price of a fancy coffee today. So, you know, prioritize your caffeine over your taxes!.
- Headline: The War on 138th Street. Impact: The uncovering of the heroin empire on 138th Street resulted in a major crackdown that ironically led to a spike in hipster coffee shops opening in the same area, creating an unexpected fusion of drug culture and artisanal lattes.. Fact: Did you know that heroin and artisanal coffee share a similar demographic? It's true—both have been notoriously popular in urban areas, just with different kinds of buzz..
- Headline: SENATE INQUIRY SET ON TALMADGE FUNDS. Impact: Senator Talmadge's trial-like hearing set a precedent for political scandals, eventually leading to the creation of 'Reality TV Politics' where senators compete in hilarious games to determine who gets to keep their office—because who needs integrity?. Fact: Senate hearings could really use a host and some dramatic music. Or maybe a live studio audience? Ratings would go through the roof!.
- Headline: IN THE NATION. Impact: The influx controls policy opened a Pandora's box of social debates, leading to the eventual creation of a wildly popular board game called 'Urban Migration Madness,' where players compete to build the best gentrified neighborhood.. Fact: Did you know that 'Urban Migration Madness' is the only board game where the winner gets a free eviction notice? Fun for the whole family!.
Wall Street Time Machine
WMT
Walmart
Walmart - If you invested $1,000 in 1978, it would be worth $7,945,492 today (7945.5x return)
INTC
Intel
Intel - If you invested $1,000 in 1978, it would be worth $199,890 today (199.9x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1978, it would be worth $423,037 today (423.0x return)